ME News message, December 21 (UTC+8), next week will welcome the Christmas market, US stocks will close early on Wednesday and be closed all day on Thursday. The market is focused on whether Trump will announce the Federal Reserve Chair nominee during the Christmas period. Currently, Kevin Hasset, the Director of the National Economic Council, has a significant lead in the probability of becoming the next Federal Reserve Chair at about 54%. The nomination probability for former Federal Reserve Governor Kevin Warsh is approximately 21%, and for Federal Reserve Governor Christopher Waller, it is about 14%. Important macro events and data for next week are as follows: Tuesday: US Q3 actual GDP annualized quarterly rate preliminary value; US Q3 actual personal consumption expenditures quarterly rate preliminary value; US Q3 core PCE price index annualized quarterly rate preliminary value; Wednesday: Bank of Canada releases monetary policy meeting minutes; US initial jobless claims for the week ending December 20; Thursday: Bank of Japan Governor Kazuo Ueda gives a speech at the Japan Business Federation; Japan's November unemployment rate; Market closure reminder: Wednesday is a half-day market for the Hong Kong Stock Exchange, and the New York Stock Exchange will close early at 02:00 Beijing time on the 25th; the US stock market will be closed on Christmas Day (Source: ME)
